As interest rates continue to increase and buy-to-let investors are being encouraged to focus on more energy-efficient investments, Matthew Hollywood, Land & New Homes Director at Mishon Mackay, is shining a light on the new green mortgages and their benefits.
Matthew said:
“A green mortgage is a way to combat increasing mortgage rates, with the intention of rewarding those with an energy-efficient home. Green mortgages offer a range of incentives, such as cashback, lower fees, and a lower interest rate, encouraging homeowners to adhere to certain energy-efficient standards.
“The Energy Performance Certificate (EPC) of a home is a great starting point to identify how green a property is. Green mortgages are available to those with a valid EPC and a rating of A or B.
“In the middle of the cost-of-living crisis, now more than ever people are looking to save money, and green mortgages are increasingly becoming the attractive option for those looking to buy a new home and for homeowners looking to re-mortgage their energy-efficient home.
“The majority of New Homes have a qualifying EPC rating, making them a desirable alternative for those looking to save money. And if you are looking to buy a property but are concerned by the current market and cost-of-living, New Homes are warm, efficient, and even money-saving, making them the perfect property to buy now.”
Browse the full range of new homes we have available today by visiting: www.mishonmackay.com/new-homes
